//+------------------------------------------------------------------+
//| Connors_RSI.mq4 |
//| Copyright © 2015, Gehtsoft USA LLC |
//| http://fxcodebase.com |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2015, Gehtsoft USA LLC"
#property link "http://fxcodebase.com"
#property indicator_separate_window
#property indicator_buffers 3
#property indicator_color1 Yellow
extern int RSI_Closes_Length=3;
extern int RSI_UpClose_Length=2;
extern int Percent_Rank_Length=100;
extern double Overbought_Level=70.;
extern double Oversold_Level=30.;
extern int Price=1; // Applied price
// 0 - Close
// 1 - Open
// 2 - High
// 3 - Low
// 4 - Median
// 5 - Typical
// 6 - Weighted
double CRSI[];
double UpDown[], RSI[];
int init()
{
IndicatorShortName("Connors RSI");
IndicatorDigits(Digits);
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,CRSI);
SetIndexStyle(1,DRAW_NONE);
SetIndexBuffer(1,UpDown);
SetIndexStyle(2,DRAW_NONE);
SetIndexBuffer(2,RSI);
SetLevelValue(0, Overbought_Level);
SetLevelValue(1, Oversold_Level);
return(0);
}
int deinit()
{
return(0);
}
double Percent_Rank(int index)
{
int i;
int Count=0;
for (i=1;i<=Percent_Rank_Length;i++)
{
if (RSI[index]>RSI[index+i])
{
Count++;
}
}
return (100.*(0.+Count)/(0.+Percent_Rank_Length));
}
int start()
{
if(Bars<=3) return(0);
int ExtCountedBars=IndicatorCounted();
if (ExtCountedBars<0) return(-1);
int limit=Bars-2;
if(ExtCountedBars>2) limit=Bars-ExtCountedBars-1;
int pos;
double Pr0, Pr1;
pos=limit;
while(pos>=0)
{
Pr0=iMA(NULL, 0, 1, 0, MODE_SMA, Price, pos);
Pr1=iMA(NULL, 0, 1, 0, MODE_SMA, Price, pos+1);
if (Pr0>Pr1)
{
if (UpDown[pos+1]>0.)
{
UpDown[pos]=UpDown[pos+1]+1.;
}
else
{
UpDown[pos]=1.;
}
}
else
{
if (Pr0<Pr1)
{
if (UpDown[pos+1]<0.)
{
UpDown[pos]=UpDown[pos+1]-1.;
}
else
{
UpDown[pos]=-1.;
}
}
else
{
UpDown[pos]=0.;
}
}
pos--;
}
pos=limit;
while(pos>=0)
{
RSI[pos]=iRSI(NULL, 0, 1, Price, pos);
pos--;
}
double RSI1, RSI2, RSI3;
pos=limit;
while(pos>=0)
{
RSI1=iRSI(NULL, 0, RSI_Closes_Length, Price, pos);
RSI2=iRSIOnArray(UpDown, 0, RSI_UpClose_Length, pos);
RSI3=Percent_Rank(pos);
CRSI[pos]=(RSI1+RSI2+RSI3)/3.;
pos--;
}
return(0);
}
.
